Topic: Did Poloniex made people richer? - page 2. (Read 917 times)
Correct me if im wrong but there is no free money in here, you deposit 1 btc you receive 1 btc 1 bcc to trade with. If you spend balance on btc your bcc decreases too. But i never dealt with with bcc so I don't really know.
you will receive bcc in your wallet or any other exchange, poloniex didnt do anything more, you just get what you deserved
If you had Bitcoin during the fork, an equal amount of BCC was created to your private key that was holding your BTC. If you scroll down to Step III (Step III: Obtain a Bitcoin Cash Compatible Wallet), you can follow this guide to get your BCC.
https://medium.com/airbitz/how-do-i-get-my-bitcoin-cash-from-airbitz-e97982e3fc4c
https://medium.com/airbitz/how-do-i-get-my-bitcoin-cash-from-airbitz-e97982e3fc4c
So here is how poloniex dealt with BCC fork: People who had any bitcoin on August one in their polo wallet, received equal amount of BCC from poloniex.
Which means if someone had 1 Bitcoin in their polo wallet on August 1, now he has 1 bitcoin and also 1 Bitcoin Cash in their wallet. So technically, they have given free multiplication to bitcoin funds of people who had it on their platform. I mean they can sell their BCC(which is now over $600) and increase their total worth or bitcoin.
Now my question is, why would they do that? And if they did it. Can we do the same with out bitcoin on our wallets too? Is it possible?
I thought we can only have one of the two, I mean we can only convert our bitcoin to BCC, but to have both is certainly a bonus, isn't it?
Which means if someone had 1 Bitcoin in their polo wallet on August 1, now he has 1 bitcoin and also 1 Bitcoin Cash in their wallet. So technically, they have given free multiplication to bitcoin funds of people who had it on their platform. I mean they can sell their BCC(which is now over $600) and increase their total worth or bitcoin.
Now my question is, why would they do that? And if they did it. Can we do the same with out bitcoin on our wallets too? Is it possible?
I thought we can only have one of the two, I mean we can only convert our bitcoin to BCC, but to have both is certainly a bonus, isn't it?
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